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IDFPR cites the explosive growth by stating that 82 new dispensaries open for business in the last year, the single-largest expansion of cannabis dispensaries since the program first started with the Compassionate Use of Medical Cannabis Program Act (CRTA) in 2014. To find cannabis-friendly events in Illinois, visit here.
(CSE: FTRP; FTRP.WT; OTCQX: FTRPF) (“ Field Trip “), a leader in the development and delivery of psychedelic therapies, is pleased to announce that it has received conditional approval to list its common shares and warrants on the Toronto Stock Exchange (TSX). Cautionary Note Regarding Forward-Looking Information.
“Each of the six locations has been issued a conditional RSA and work will begin immediately upon closing the Transactions to convert the stores to the Value Buds banner, and to obtain approval to open from the AGCO, just in time to take full advantage of the anticipated summer demand.” million in cash and $1.1
I (NASDAQ: MCMJ ) (“Merida”), a special purpose acquisition company sponsored by Merida Capital Holdings, today announced that they have entered into a definitive agreement with respect to a business combination. I, commented, “Merida Capital is very excited to be involved in this transformative event for Leafly. About Leafly.
Leia Flynn is a legal assistant at a firm that works with cannabis businesses and the owner of Flight Lounge, a members-only private cafe allowed under the City of Portland’s social consumption guidelines. 5) Directs the OLCC to license and regulate cannabis social consumption spaces at public events.
Many state capitols around the country have suspended legislative sessions, continued to vote on key bills remotely, or have at the very least closed to the public and nonessential business. Following are the bills that we’ve tracked this week and as always, check NORML’s Action Center for legislation pending in your state.
To that end, as CEO, I am more confident than ever in our strategy, fundamentals, asset base, and current growth ramp of our business as we look ahead to 2022.”. Business Updates and Developments. ET to review its operational and financial results and provide an update on current business trends. million in Q1 2021.
Actual results could be affected by subsequent events or determinations. To stay better informed on the current events of the company, you can join our investor community at [link]. Notes: These preliminary and unaudited financial results are subject to customary financial statement procedures by the Company. 1.253.248.7927.
The Academic Cannabis Conference , produced by News Joint Events , is pleased to announce its full presenter lineup and schedule. at the Garden Grove Event Center in Carbondale on May 4. is a business attorney and an Adjunct Instructor at Saint Louis University. The event is runs from 12-5 p.m., 3:30 p.m. – 3:30 p.m. –
The Company’s six primary business segments include Retail (QSR & Hospitality), Agriculture including Cannabis, Technology (with a focus on Clean-Tech and EVs), Esports and Gaming, Cryptocurrency, and New Age Wellness. Settlement Amount of $68.5 million Plus Principal and Interest. per annum (the “ Debenture ”) has been settled. .:
This rapid price compression puts tremendous pressure on many marijuana businesses as they face greater competition with ever-slimming margins. However, the doors to the bankruptcy courts are currently closed to marijuana businesses because marijuana is still illegal at the federal level. In contrast, the average price fell to $109.22
The Contractor must be authorized to do business in Illinois as an Illinois bank or a national bank with a presence in Illinois. Proposals that contain false or misleading statements or that provide references that do not support an attribute or condition claimed by the Respondent may also be rejected. June 4, 2025. May 19, 2025.
TORONTO–(BUSINESS WIRE)–SOL Global Investments Corp. (“ SOL Global ” or the “ Company “) (CSE: SOL) (OTCPK: SOLCF) (Frankfurt: 9SB) is pleased to provide its investors with unaudited financials for the second quarter ended May 31, 2021, and other highlights for the interim period. million between periods.
HB1443 mostly dealt with licensing for businesses but also included two beneficial amendments for registered medical cardholders. Separate votes for a “qualifying term” to the condition also was recommended for Painful Ovarian Cyst and Painful Uterine Fibroid. To find cannabis-friendly events in Illinois, visit here.
The sixth annual CannX is the first in-person event since 2019. Together with partners Shizim and Cann10, CannX gathers together the foremost experts on medical cannabis across science, business, and agriculture. We look forward to welcoming you in-person to CannX 2022 – for what is sure to be an outstanding event!”
In FY2023, 28 new dispensaries that were not connected to existing dispensaries opened for business in Illinois. In nearly four years, IDFPR has issued 48 social total equity dispensary licenses and conducted the SECL for 55 more conditional licenses that included almost 2,700 entrants. For Illinois News Joint reviews, visit here.
NEW YORK–(BUSINESS WIRE)–As previously announced, Merida Merger Corp. I (NEO: MMK.U) (“Merida”) entered into a definitive agreement for a business combination with Leafly Holdings, Inc. Merida may also file other documents regarding the proposed business combination with the SEC. About the NEO Exchange.
Forward-looking statements reflect the Company’s current views and intentions with respect to future events based on current information available to the Company and are necessarily subject to certain risks and uncertainties that could cause actual results to differ materially from those expressed or implied in such forward-looking statements.
That is why we are beginning to invest in other areas of the industry through The Collective while continuing to pursue near-in strategic acquisitions to fold into the existing Hawthorne Gardening business.”. About ScottsMiracle-Gro. With approximately $4.1 federal securities laws that are subject to risks and uncertainties.
After a few days in the Miami sun — well, actually, in the air-conditioned exhibition spaces of the Fontainebleau hotel — the Burns & Levinson team is happy to report that the 2022 Benzinga Cannabis Capital Conference was a great success. Our Cannabis Business & Law Advisory Group was well represented by Frank A.
Advocates of allowing the banking industry to serve cannabis businesses have seen many opportunities to enact legislation come and go. Further bulletins as events warrant. The problem is that the VA can’t prescribe medical cannabis for veterans suffering from the condition. marijuana banking. cbd regulation.
Loan recipients are social equity Conditional and Adult Use Dispensing Organizations licensed by the Illinois Department of Finance and Professional Regulation (IDFPR). The loan principal is 100% forgivable upon providing documentation for eligible business expenses. Governor Juliana Stratton.
The three cannabis items in Illinois’ budget that should pass just after midnight include: The State Comptroller shall direct the State Treasurer to transfer the sum of $40,000,000 from the Compassionate Use of Medical Cannabis Fund to the Cannabis Business Development Fund.
High Tide gains access to Daily High Club’s over 15,000 subscription box members who are ideal customers for High Tide to potentially launch cannabis subscription boxes in the event of U.S. federal legalization. Readers are cautioned not to place undue reliance on forward-looking statements.
To ensure Calma remains a staple in West Hollywood , the Calma founders will remain involved with operations of the business. Closing of the Calma transaction is subject to standard closing conditions as well as regulatory review and approval. The transfer of the remaining 15% equity of Calma is expected to occur in 2022.
The condition, known as “long COVID” — with patients often referred to as “COVID long haulers” — is typified by a series of symptoms that linger long after someone has recovered from COVID-19, even months after they no longer test positive for the novel coronavirus.
Governor JB Pritzker and the Illinois Department of Financial and Professional Regulation (IDFPR) announced today the results of the Social Equity Criteria Lottery (SECL) for 55 Conditional Adult Use Cannabis Dispensary Licenses. All winners now have the opportunity to be issued a conditional license.
And officials in San Francisco, California are considering a proposal to allow marijuana to be socially consumed and sold at temporary events. Bob Hertzberg [D], SB 51, to assist financial institutions in safely conducting transactions with licensed cannabis businesses. Last session, the measure was vetoed by Governor Brown.
Our evidence-based scientific approach has enabled us to develop a pipeline of cannabinoid-based drug products for a range of medical conditions, including pain, inflammation, and oncology. Forward-looking statements. Some statements in this release may contain forward-looking information.
If the proposal — which was sponsored by Rules Committee Chairman Bill Rabon (R) — is enacted into law, patients who are diagnosed with a “debilitating medical condition” could legally gain access to medical cannabis in North Carolina. About the NC Medical Cannabis Legalization Bill.
Although considered reasonable by management of High Tide at the time of preparation, the foregoing assumptions and/or expected future events may prove to be imprecise and result in actual results differing materially from those anticipated, and as such, undue reliance should not be placed on forward-looking statements.
TORONTO–(BUSINESS WIRE)–SOL Global Investments Corp. (“ SOL Global ” or the “ Company ”) (CSE: SOL) (OTCQB: SOLCF) (Frankfurt: 9SB) is pleased to announce that it will continue purchasing shares under its previously announced normal course issuer bid (“ NCIB ”), which commenced on March 31, 2021. Corporate Update on Core Holdings.
Pursuant to the Agreement, Entheon and Lobo will combine their respective businesses by way of a “three-cornered” amalgamation in accordance with section 185 of the Canada Business Corporations Act (the “ CBCA “), as further detailed below (the “ Transaction “). looking statements or information.
Forward-looking information can be identified by the use of words such as “will” or variations of such words or statements that certain actions, events or results “will” be taken, occur or be achieved. The post Rubicon Organics Secures Loan Financing appeared first on CannabisFN.
Forward-looking information reflect the Company’s current views and intentions with respect to future events, and current information available to the Company, and are subject to certain risks, uncertainties and assumptions.
High Tide has been serving consumers for over a decade through its numerous consumption accessory businesses including e-commerce platforms Grasscity.com, Smokecartel.com, CBDcity.com, FABCBD.com and its wholesale distribution division under Valiant Distribution, including the licensed entertainment product manufacturer Famous Brandz.
We also plan to leverage this new location to support engagement activities in the local community through our expungement clinics and other social events.” ” The Company expects the transaction to close later this year, pending approval of the dispensary license transfer by the Maryland Medical Cannabis Commission.
BURLINGTON, Ontario–(BUSINESS WIRE)–Rapid Dose Therapeutics Corp. (“ RDT ” or the “ Company ”) ( CSE: DOSE ), today reported its financial results for the year ended February 28, 2021. Actual results and future events could differ materially from those anticipated in such forward-looking statements.
–(BUSINESS WIRE)–Fortium Holdings Corp. Additionally, we believe the company’s store design and business model are scalable across multiple locations in multiple states, reflecting significant strategic value as we embark on our mission of establishing and expanding Elysian’s footprint.”. FAYETTEVILLE, Ark.–(BUSINESS
The acquisition is subject to customary closing conditions and regulatory approvals. Ayr’s leadership team brings proven expertise in growing successful businesses through disciplined operational and financial management, and is committed to driving positive impact for customers, employees and the communities they touch.
Commissioning Lowell Farms Services, a new business unit serving California cultivators with midstream processing services. Facility capable of processi ng 250,000 lbs. of w holesale cannabis flower annually. Brings additional diversity and volume capacity to our consumer brands. Link to Lowell Farms Services Video: [link]. SALINAS, Calif.,
Our big news this week is that the American Bar Association asked the Small Business Administration to make marijuana-related companies eligible for relief funds. It also broadens the number of conditions eligible for medical cannabis prescriptions. Further bulletins as events warrant. There’s plenty of state news also.
Forward-looking statements are necessarily based upon a number of estimates and assumptions that, while considered reasonable by XEBRA as of the dates of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies.
BURLINGTON, Ontario–(BUSINESS WIRE)–Rapid Dose Therapeutics Corp. (“ RDT ” or the “ Company ”) ( CSE: DOSE ), today reported its Q1 financial results. Subsequent Events: Appointment on July 20, 2021 of three advisory board members, Ron Brooks, Nick DiRenzo and Anne Lachance, who will support global expansion efforts.
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